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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,575 | $51,631-66.0% | $129,397-86.4% | $80,925-78.3% |
| Participation rate | 19.2% | 56.9%-37.7pp | 69.6%-50.4pp | 67.7%-48.4pp |
| Annual return | 19.03% | 20.77%-1.7pp | 9453.98%-9434.9pp | 35.65%-16.6pp |
| Employer contribution / active EE | $0 | $1,583-100.0% | $4,154-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $824 | $2,670-69.2% | $4,167-80.2% | $4,299-80.8% |
| Admin fee / account holder | $9 | $4,309-99.8% | $7,679-99.9% | $6,940-99.9% |